On the Role of Mixed Strategies in Elementary Decision Analysis and Related Decision-Support-System Treatments

We first demonstrate that mixed strategies are relevant in decision analysis for a maximin decision-maker quite apart from any game-theory considerations. This rectifies the apparent misconception that results from MS/OR textbooks which discuss mixed strategies only in the game-theory setting. Next we show an example of an implementable mixed strategy, by which we mean a mixed decision strategy which does not require randomization for its implementation. This application is to portfolio construction.     

Optimal Discrete Approximations for Continuous Outcomes with Applications in Decision and Risk Analysis

In decision and risk analysis, it is common to use discrete probability distributions to approximate uncertain events with continuous outcomes. This paper discusses how these approximations may be selected. A class of approximations based on a modification to Taguchi's work on tolerance analysis is shown to be optimal under assumptions of independent uncertainties with normally distributed outcomes. The approximation procedure is shown to be robust in many other situations and is extremely easy to use in practice. We also show how the approximation may be integrated into the process of subjective probability estimation by a ‘subject-matter expert’.     

Optimal Inventory Policies with Service-Level Constraints

In a practical situation it is often difficult to determine the value of the shortage costs for use in in ventory-control systems. However, in cost-minimization problems including service-level constraints, shortage costs are implicitly prevailing. With the purpose of exploring these relations, a continuous review (Q, r) stock-control system is considered, where the order points and lot sizes are computed simultaneously. Instead of explicitly expressing the shortage cost in the objective function, it is taken into consideration through a service-level constraint. The shadow price of this constraint can in some sense be interpreted as the shortage cost corresponding to the requested service level. By changing the value of the service level, interesting relations between shortage costs and service levels can be viewed for different sets of other inventory parameters. In order to investigate the sensitivity for probabilistic variations in the input data, two different probability distributions are used to describe the lead-time demand.     

Weak distributive laws and their role in lattices of congruences and equational theories

By a result of Pigozzi and Kogalovskii, every algebraic latticeL having a completely join —irreducible top element can be represented as the lattice L() of equational theories extending some fixed theory . Conversely, strengthening a recent result due to Lampe, we show that such a representationL=L() forcesL to satisfy the following condition: if the top element ofL is the join of a nonempty subsetB ofL then there are elementsb..., B such thata=(... (((b₁ a) b₂) a) ... b_n) a for alla L. In presence of modularity, this equation reduces to the identitya=(a b₁) ... (a b_n). Motivated by these facts, we study several weak forms of distributive laws in arbitrary lattices and related types of prime elements. The main tool for applications to universal algebra is a generalized version of Lampe's Zipper Lemma.Presented by Ralph Freese.     

Gorenstein curves and symmetry of the semigroup of values

LetO be the local ring of a irreducible algebroid curve and S its semigroup of values, Kunz in [7] proves thatO is a Gorenstein ring if and only if S is symmetrical. In this paper we give a generalization of this fact for the case of reduced curves with an arbitrary number of branches, d. For it we introduce a concept of symmetry for the semigroup of values S₊ ^d which generalizes the well known symmetry for d=1 (i.e. the irreducible case). This concept of symmetry is also closely related to the symmetry introduced by García in [4] (for the d=2 case) and the author in [3] (for arbitrary d) with the main goal of the explicit determination of S (in the case of plane curves).     

A finitely convergent “row-action” method for the convex feasibility problem

We present a modification of the Cyclic Subgradient Projection (CSP) method by Censor and Lent, which solves the convex feasibility problem in a finite number of steps when a Slater type condition holds, while preserving its row-action properties. A linear rate of convergence for the CSP method is established assuming the same hypothesis.Research partially supported by CNPq, under Grant No. 301699/81.     

Laser properties of coactivated YAP: Nd free of colour centres

YAP:Nd, Cr grown under Ar-H₂ or Ar-He-H₂ atmosphere possesses good energy transfer from Cr³⁺ to Nd³⁺ but suffers from the colour centre formation. The centre formation was completely prevented using further admixture of Ce³⁺ and 10^–4–10^–3 wt. % Fe. Small luminescence quenching of Cr³⁺ or Nd³⁺ due to iron ions is negligible in the presence of Ce³⁺. The crystals may be also heavily doped with Nd³⁺ because the increased pumping efficiency compensates the shortening of the luminescence lifetime. YAP: Nd, Ce, Cr, Fe is advisible active laser material particularly for all the types of pulsed lasers.     

A variational expression for the relative entropy

We prove that for the relative entropy of faithful normal states ? and ω on the von Neumann algebraM the formula $$S(\varphi ,\omega ) = \sup \{ \omega (h) - \log \varphi ^h (I):h = h^* \in M\}$$ holds.